Notification No. 288E-

A notification under section 35AC of the Income-tax Act, 1961

What this is

Notification No. 288E- was published on 28 March 2001. Its subject is A notification under section 35AC of the Income-tax Act, 1961.

The provisions it speaks to

Left, the provision of the Income-tax Act, 1961 as the instrument itself names it. Right, the section of the Income-tax Act, 2025 that the department’s own concordance maps it to — which is where the same ground is now covered.

Under the 1961 Act	Now
s.35AC	no counterpart recorded

The instrument, as the Board published it

The words below are the department’s own, reproduced from its published text. Where the department’s copy carried a publisher’s notes after the instrument, those are not reproduced.

Whereas by notification of the Government of India in the Ministry of Finance No. S. O. 194(E), dated 13th March, 1995, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 4, for renovation and updating of existing 747 bedded K. J. Mehta T. B. Hospital including additions, alterations and roads and furnishing/replacement of old furniture/staff quarters and construction of new staff quarters at Amargarh and equipment for hospital and conducting' 75 T. B. diagnostic camps at dis trict Bhavnagar, Gujarat, by Shri K.J. Mehta T. B. Hospital, Amargarh-364 210, District Bhavnagar, Gujarat, as an eligible project or scheme for a period of three years beginning with the assessment year 1995-96 which was extended further vide Notification No. S. O 265(E), dated March 27, 1997, for a period of three years beginning with the assessment year 1998-99 ;

And whereas the said project or scheme is likely to extend beyond six years ;

And whereas the National Committee has being satisfied that the project or scheme is being executed properly, made a further recommendation under sub-rule (5) of rule 11 M of the Income-tax Rules, 1962, for specifying the said project or scheme for a further period of three years and amending the project cost from Rs. 319.60 lakhs to Rs. 419.60 lakhs ;

Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1), read with clause (b) of the Explanation to section 35AC, of the Income-tax Act, 1961 (43 of 1961), ---

(a) hereby specifies the scheme or project for renovation and updating of existing 747 bedded K. J. Mehta T. B. Hospital including additions, alterations and roads and furnishing/replacement of old furniture/staff quarters and construction of new staff quarters at Amargarh and equipment for hospital and conducting 75 T. B. diagnostic camps at district Bhavnagar, Gujarat, which is being carried out by Shri K. J. Mehta T. B. Hospital, Amargarh-364 210, District Bhavnagar, Gujarat, as an eligible project or scheme for a further period of three years beginning with the assessment year 2001-2002 ; and

(b) further amends the said Notification No. S. O. 194(E), dated 13th March, 1995, to the following effect, namely :

In the said notification, in the table, against serial number 4, in column (4) relating to the maximum amount of cost to be allowed as deduction under section 35AC for the letters, figures and word "Rs. 319.60 lakhs", the letters, figures and word "Rs. 419.60 lakhs" shall be substituted.

[No. 88/2001/F. No. N. C. 123/2000]

What it names

Rules it names. Rule 11 of the Income-tax Rules, 1962. The 1962 Rules were replaced by the Income-tax Rules, 2026, which renumbered nearly everything: a rule number quoted here almost never means the same rule today.

On the same provision

Other instruments in this library that name the same provision of the 1961 Act. They are not necessarily still operative, and a later one may have replaced an earlier one without saying so.

Notification No. 3/2022 — Specifying forms returns statements reports orders by whatever name called prescribed in appendix ii to be furnished ele 16 July 2022
Notification No. 2/2019 [F. No. V. 27013/3/2018-SO(NAT.COM)]/SO 3122(E) — Ministry of Finance 28 August 2019
Notification No. 1/2019 [F. No. V. 27013/3/2018-SO(NAT.COM)] / SO 1706(E) — Ministry of Finance 8 May 2019
Notification No. S.O. 1706 [No. 1/2019 (F.No.V.27013/3/2018-SO(nat.com)] — Section 35AC of the Income-tax Act, 1961, read with rule 11G of the Income-tax Rules, 1962 - Eligible Projects or Scheme 8 May 2019
Notification No. 2/2018 [F.No.V.27013/3/2018-SO(NAT.COM)] SO 5160(E) — Ministry of Finance 5 October 2018
Notification No. 1/2018 [F.No.V.27013/3/2018-SO(NAT.COM)] / SO 1658(E) — MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 17th April, 2018 S.O 17 April 2018

What a notification is. A notification is made under a power the Act itself gives, and within that power it is law — unlike a circular, which only binds the department. Its reach is the reach of the enabling provision and no wider, and the date it carries decides from when it works.

Source: the Income Tax Department’s own published text — its page for this instrument.